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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 2, Burling Lane, Colne is a modern freehold house with 1,571 ft2 of internal area and sits on a 567 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Burling Lane, Colne is £467,228 and the estimated rental value is £1,625 per month.
Burling Lane, Colne, BB8 is located in the borough of Pendle within the BB8 postal district.
2, Burling Lane, Colne has a single entry in the Land Registry from March 2022 and a single entry in the EPC database dated November 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 2, Burling Lane, Colne is in very good condition we estimate a sale value of £490,590 and a rental value of £1,706 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £434,522 and a rental value of £1,511 per month.
Over the last 12 months the sale value of 2 Burling Lane Colne has increased by an estimated £3,117 (0.7%) and its rental value has increased by an estimated £23 per month (1.4%), giving an expected gross yield of 4.2%.
According to data from HM Land Registry, 2, Burling Lane, Colne sits on a plot of 567m2.
We have plot size data on 4 out of 4 other houses in the postcode and 2, Burling Lane, Colne sits on the 3rd largest plot.
2, Burling Lane, Colne has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 16 Nov 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Burling Lane, Colne was last sold on 3rd March 2022 for £419,950 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since March 2022, the market for similar properties has dropped 32.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Burling Lane, Colne within a radius of 780 metres over the last 2 years.
The most recent example is 1, Towler Drive, Colne, BB8 7GN, a freehold house which sold for £429,950 on the 25th October 2023.
Read more about house prices in BB8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Burling Lane, Colne, BB8 has a total of 4 addresses. According to our analysis of all the public data, 2, Burling Lane, Colne is the 4th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £288k more expensive than the average property in BB8.
The closest station to 2, Burling Lane, Colne is Colne station which is 1.4 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Burling Lane, Colne, % of property is and % is .
The graph below shows how this compares to North West and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 2, Burling Lane, Colne, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
The graph below shows how this compares to North West and the rest of England & Wales.
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 2, Burling Lane, Colne, 0.0% of property was a second home.
Comparison figures for North West and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 2, Burling Lane, Colne, there are an average of 0.0 cars per household.
See below for how this compares to North West and the rest of England & Wales.
